Student Consumer Action Network

After Wall Street practices brought down the entire U.S. and parts of the world economies, Congress finally stepped up in July 2010 and created the MASSPIRG Students-backed Consumer Financial Protection Bureau (CFPB), a new agency that will act as a counterbalance to the banks and ensure that the credit cards, mortgages, and student loans that consumers use are safe and easy to understand. When you have a complaint about a bank or credit card company, you can call on the new CFPB.

Our economy needs to be fair to consumers in order to function. While a company may make a short-term profit from ripping off consumers or putting an unsafe product on the market, it's not good for anyone in the long term. 

Our consumer program works to protect consumers by:

  • Alerting the publice to hidden dangers, scams, and unsafe products
  • Educating consumers about the choices available by conducting price surveys of various products and services available to students in an effort to allow them to the make the best choices for themselves.
  • Educating consumers about their rights in the marketplace by producing consumer guides to help people navigate the marketplace.
  • Advocating for change by working to build the support it takes to pass consumer protection legislation in our states and in D.C.

As students, we're particularly vulnerable to some specific consumer issues:

Issue updates

News Release | Higher Ed

New Consumer Finance Chief Can Lower Student Debt

Washington, D.C. – Today, President Obama is taking a bold step to protect student consumers from financial tricks and traps by announcing a recess appointment of his well-qualified nominee, Richard Cordray, to head the new Consumer Financial Protection Bureau. The CFPB can improve private student loans as well as credit cards and debit cards issued on campus.

> Keep Reading
News Release | US PIRG | Higher Ed

Obama Announces Initiatives to Ease Student Loan Debt

Rich Williams, US PIRG's Higher Education advocate, explains why President Obama's new student loan reforms are a step in the right direction and a decisive victory for champions of affordable higher education.

> Keep Reading
News Release | MASSPIRG | Consumer Protection

Trouble in Toyland

Our 26th annual Trouble in Toyland survey finds toxic, dangerous toys still on store shelves.

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LISTEN: Consumer Groups Flag Dangerous Toys

WAMC covers the release of our 26th-annual "Trouble in Toyland" report. Don't miss the radio interview!

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PIRG: Avoid these Unsafe Toys this Holiday Season

The Fall River Herald News covers our 26th annual "Trouble in Toyland" Report.

> Keep Reading

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